THE FIRST 2024 BANKING ESSENTIALS WEBINAR Navigating the Green Asset Ratio: What can it tell us about the sustainability performance of banks? Thursday 14 March 2024 | 3:00 - 4:00 PM (CET) |
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Investors are demanding more sustainability-related disclosure and regulators are also closely monitoring the impact of climate change on companies and financial institutions. European banks, as major lenders across various sectors, play a crucial role in supporting companies in their sustainability transition.
In principle, the GAR is a simple ratio quantifying EU Taxonomy-aligned assets as a percentage of total covered assets; its primary objective is to help stakeholders understand financial undertakings’ contribution to European environmental and climate objectives. As banks disclose their GAR alignment for the first time, what does it tell us about their sustainability performance and efforts to finance the green transition? Can GAR be considered an indicator of progress in meeting institutions’ sustainability commitments?
In this upcoming webinar, you can learn how to navigate GAR and also what to expect from the upcoming revision to improve its usability.
Join our esteemed panel of experts as they discuss: What is GAR and how useful it is expected to be? How do banks navigate the challenge of completing the initial round of disclosures? How well will GAR work with other disclosures and what other KPIs should be looked at to complete the picture? What role will it play in banks’ transition planning? What opportunities does GAR present? |
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Gautham Prabhu Associate Director, Methodology and Innovation ESG
S&P Global Market Intelligence Gautham works as an Associate Director at S&P Global, leading the development of new datasets on environmental and climate issues. Over the last 9 years, Gautham has collaborated with corporates and financial institutions, helping them achieve sustainable growth. Gautham’s role involves creating user interactive tools and ESG datasets to support clients in making informed decisions. One of his key areas of interest is EU Taxonomy, and his team has developed a dataset specifically tailored to meet the needs of our FI clients in the regulatory space. The dataset offers both modelled data and data as reported by companies. |
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Andrei Gurin Sustainable Finance Unit, Team Leader – Taxonomy and Reporting
European Commission Born in 1982, Andrei Gurin studied European law in France (Panthéon-Sorbonne) and in the UK (King’s College London). In October 2007, Andrei joined the Directorate-General for Competition (DG COMP) of the European Commission where he was involved in the development and advocacy of antitrust policy. Since 2010 Andrei has been working in the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) where he contributed to the development of EU rules for capital markets (post-trade) and the banking sector (crisis management). Andrei is currently leading the Climate Taxonomy and Reporting teams in the Unit responsible for Sustainable Finance. In particular, Andrei was involved in the elaboration of the Taxonomy Reporting rules under Article 8 of the Taxonomy Regulation. One of his main tasks concerns the implementation of those rules by market participants. |
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Adrian Schwantes Associate, Sustainable Finance
Association of German Banks (BdB) Adrian Schwantes works on Sustainable Finance within the Association of German Banks (BdB). He leads the association’s work on sustainability reporting, corporate due diligence obligations and the integration of sustainability aspects into lending and credit. He studied financial law in the UK and has professional experience in different industries. |
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Alexia Femia Adviser, Sustainable Finance
European Banking Federation Alexia Femia is a Sustainable Finance Policy Adviser at the European Banking Federation (EBF). She works on sustainable finance regulatory developments, including sustainability reporting and assists in EBF activities as member of the Euopean Commission Platform on Sustainable Finance. Before joining the EBF, she worked on regulatory impact assessment for the Italian banking group UBI Banca. She has a master’s degree in International Relations from the University of Milan (Università degli Studi di Milano) with a specialization in EU law. |
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ABOUT THE EUROPEAN BANKING FEDERATION
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu |
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ABOUT S&P GLOBAL MARKET INTELLIGENCE S&P Global Market Intelligence integrates financial and industry data, research and news into tools that help track performance, assess credit risk, understand competitive and industry dynamics, generate alpha, identify investment ideas, and perform valuation. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com/marketintelligence
Twitter: @SPGMarketIntel |
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